Tuesday, May 18, 2010

Court Injunction against First American Corporation


Should Bank of America and/or New York attorney General, Andy Cuomo and/or Hagens Berman and/or numerous other plaintiffs seek an injunction against the First American Corporation?

In my opinion, the Court should be asked to prevent the First American Corporation from splitting and spinning off assets until the extent of damages real and punitive for which the First American Corporation will be deemed liable under the various suits are established.

When a worm is split in two it wriggles. The more it wriggles, the muddier the water gets. The muddier the water gets, the harder it is to pin either end of the worm down.

The splitting of First American Corporation is rigged up to accomplish just that.

Sunday, May 16, 2010

The First American Corporation - 'Liars Title insurance'

First American Corporation’s track record:

Liars title insurance is a long established way of life at the First American Corporation.

In 1996 First American Title adopted the motto: ‘Insure anything – Litigate everything.

In the same year, First American Title Insurance admitted taking a considerable risk. It issued a ‘liars title insurance policy’ just to make a couple of thousand bucks and secure future business.

Has anything changed since?

According to law suits filed in 2010, First American did not hesitate in the mid 2000s to issue numerous ‘liars title insurance policies’ to make hundreds of thousands of dollars and secure big business.

The First American Corporation historical track record:

In 1996 no lender would lend money to my partner on our property without my signature.

A hard money lender agreed to make a loan to my partner subject to getting title insurance.

My partner sought title insurance behind my back from various title companies. All declined to issue title insurance without my knowledge and signature.

Only First American Title agreed to insure the loan subject to an indemnity agreement from my partner.

First American prepared and obtained the highly secret indemnity agreement from my partner prior to insuring the loan.

Obviously First American failed to disclose the existence of the indemnity agreement to the lender.

The lender made the loan.

When I found that my property had been illegally encumbered, I asked the lender what possessed him to make such a loan without my signature?

The hard money lender replied: “Why not? We knew you were of record. Indeed, First American provided us with a title report showing your interest in the property. We realized that First American was willing to insure a lie. There was smoke all over the deal. But First American was prepared to insure our loan. We would have been stupid not to buy the insurance policy. We bought the insurance and made the loan. How could we lose? It was like we were getting full coverage insurance after a fire had started!

Of course once the fire had engulfed everything, First American refused to live up to the considerable risk they deliberately took.

First American ignored and denied my claims and the lender’s claims. First American simply refused to pay. To make matters worse, First American did not even dare enforce the secret indemnity agreement they had secured to insure a blatant lie.

I consulted a leading title insurance attorney. After reviewing the case, Mr. Jerome Lasky of Moses and Singer, New York issued a letter of opinion addressed to me and to First American.

See excerpt from Mr J. Lasky’s letter:
http://books.google.mu/books?id=zXzilH1JfgUC&printsec=frontcover&dq=first+american+title+to+injustice&source=bl&ots=Dsm3cnKMyr&sig=eDvB8FsmlTzm6J0D9ktpQjVcqMQ&hl=en&ei=OeDsS6KhCZC-rAf87eC1Bg&sa=X&oi=book_result&ct=result&resnum=3&ved=0CB0Q6AEwAg#v=onepage&q&f=false
Upon receipt of Mr.Lasky’s letter, First American invited me to meet at their offices in Santa Ana, California.
At the meeting, James J. Dufficy, offered me $750,000 to settle.
See confirmation e-mail from First American counsel and senior claims officer, James J. Dufficy:
From :
Dufficy, Jim
Sent :
Monday, November 27, 2006 1:52 PM
To :
"Louis Leclezio"
CC :
"McMahon, Frank"
Subject :
RE: "No Duty to do the Correct Thing" (Dufficy) Louis: “For the record, maybe you'll remember how, before the litigation gotrunning at full speed, I agreed to meet you in Santa Ana and offered to
pay you $750,000.00”

That was about ten cents on the dollar.

I told Dufficy to keep his cents. I would keep my freedom of speech and my right to sue.

In the face of my refusal to settle, the First American senior executive, James J. Dufficy warned me that if I did not agree to settle, they had a battery of in house attorneys and many more for hire off the street. Dufficy tried to intimidate me by stating that First American and their attorneys had the power to drown me and my attorneys under paper work. They would make the case last until they bankrupted me and or my attorneys abandoned the case!

I sued.

My attorneys deposed various First American executives who had colluded to issue the ‘liars title insurance’.

Under oath, various First American executives acknowledged that they went out of their way to insure the loan behind my back.

For example, the following is an excerpt from the transcript of the deposition of Ad Zetz, a First American senior exec:

At page 102 line 6 of his deposition, my attorney, Carl Hagens asked Zetz::

(You or Your company) “… wanted to do this loan without Mr. Leclezio’s consent; isn’t that right?”

Under oath at line 8, Zetz answered: “Obvious, yes.”

Carl Hagens sought confirmation by asking:

“That’s obvious to you?”

At line 10 of his deposition transcript, Zetz again answered: “Yes”!

Zetz was one of the key figures participating clandestinely in that fraudulent liars title insurance transaction.

During the same deposition, when Carl Hagens went on to ask Zetz why his company would insure such a high risk loan; Without even blinking an eyelid and under oath Zetz casually replied:

“We had the chance to make a couple of thousand bucks – Why not”?

Another First American senior exec wrote in a memo: “It is worth taking this high risk in view of future business”!
Obviously, nothing has changed at the First American Corporation over the last 14 years.
In 2010, according to the Bank of America lawsuit, the First American Corporation denied or ignored most of Bank of America’s claims in 2008 and 2009. Thereafter, once again, in a typical attempt to drown Bank of America under paper work, last August, First American started sending more than 2,000 letters to the bank seeking information and documents related to the claims.
In my case, financially I was obviously no match for the First American Corporation and their battery of in house and outside lawyers for hire. When I was spent out, I hired an attorney on contingency. After two more years of litigation in a ‘no lose case’ according to the high profile attorney firm, I believe my attorney won big and I lost bigger.

Lawyers and executives for Bank of America, in your case, the stakes are high enough. Do not let the First American Corporation drown you under paper work. Do not negotiate a cheap settlement as Carrie Gaska of First American suggest you might do. Too often the First American Corporation has won by default or more fraudulent settlements. The result is unabated crime leading to losses in the millions for the many continues to be perpetrated by the First American Corporation. Wipe them out.

As Forbes pointed out in their November 13, 2006 issue the First American Corporation plays a key role in America’s richest real estate racket – An $18 billion a year hoax on the American public. Their product is outdated and unneeded. Even the more so when one considers the minimal percentage of claims under which First American has historically paid out. The Motto of First American: Insure anything – Litigate everything has paid off handsomely to the First American Corporation up to now!

I hope Bank of America sues right up to the winning post.

I pray and hope that NYAG, Andy Cuomo also wins his suit against First American.

I wholeheartedly agree with Mr. Cuomo’s statement:

“First American helped set the current mortgage crisis in motion.”

The First American Corporation should pay the piper for all the international chaos they contributed to set in motion.

I’ll be glad to help establish with existing transcripts of depositions, testimony etc. that fraud and liars title insurance has been, is and will continue to be a systemic fraudulent way of life at the First American Corporation. Sadly up to now for the First American Corporation it has been: Business as usual…

References: Mr. Jerome Lasky’s opinion as reported in First American Title to Injustice – Pages 11 – 18. Google book search: ‘First American Title to Injustice’.

Friday, May 14, 2010

The Bank of America sues the First American Corporation

Bank of America Corp. stepped up efforts to curtail the cost of soured mortgages by suing First American Corp., claiming the title insurer refused to cover more than 5,500 loans that caused $535 million of losses.
The policies described in the First American case sound like “liar’s title insurance.”
The First American Corporation has a history of getting involved in “liar’s title insurance” going as far back as 1996! I know it first hand. Yet, for the First American Corporation, it is still business as usual.
My blog or my posts under ‘leclezio’ or louis_wendy_leclezio on the Yahoo FAF message board dating back to 2000, offers a well documented track record of the First American Corporation's historical “liars title insurance” systemic 'modus operandi'. To make matters worse, when the lie is so blatant, First American issues the title policy subject to an ‘invalid’ indemnity agreement. Of course the existence of the indemnity agreement is not disclosed to affected parties. First American has never dared to collect on some of its dubious indemnity agreement preferring to sink its victims.
A most respected leading real estate attorney, Mr. Jerome Lasky of Moses and Singer, New York issued an opinion about this odious practice of the First American Corporation on June 2, 1998! It can be viewed on Google: Book search: First American Title to Injustice – Mr. Lasky’s opinion being on pages 11 to 18.
I hope the various litigations involving fraud by the First American Corporation finally expose the cynical and savage culture of the First American Corporation to commit fraud on customers solely to feed their selfish corporate greed".
Since 1996, I have been asking Congress to haul the First American Corporation in and to overhaul it!
Much international misery could have been spared the many victims of the First American Corporation.
First American Corporation considers customers on both sides of the aisle as sheep to be fleeced..

To make matters worse for all those left holding the bag, in the face of so many damning law suits, the First American Corporation has decided to split. It is expected to do so this summer. Traditionally the First American Corporation has excelled at muddying the waters with the help of their legal sharks.

Once again by splitting in the face of so many litigations involving fraud, First American Corporation muddies the waters not to have the picture as sharp as HDTV,"

Friday, May 07, 2010

Mauritius Island - Dr. Navinchandra Ramgoolam - Elections

Dear Children & Grand Children, Dear brother and sisters, Dear family and friends,

Sons and daughters of traditions…

For at least the last 70 years, on May 1st, the Labor Party of Mauritius has held its traditional massive Labor Day meeting.

Ever since our return to Mauritius uncle Fernand and I, when I was still in MRU, have attended. Over the last few years uncle Fernand got a special ticket from our Prime Minister to step on the Labor party podium on May 1st!

This year, national elections have been scheduled for May 5th. The Labor Day celebrations were planned to be the biggest ever! There were to be over 60 candidates on the May Day celebrations platform.

So Eve and I told uncle Fernand not to be disappointed if he did not get his podium ticket.

But you know uncle Fernand… He could not imagine not participating fully. Fortunately, our Prime Minister, Navin, showed yet one more time what a big heart he has. I have never found or known a person in such a high position show so much compassion, kindness, love and patience towards anyone. This is what sets Navin apart as the beloved and undisputed (except by a few losers) leader of each and every member of our rainbow community.
Regardless of the pressure and stress Navin must have been under, on the eve of one of his biggest days, Navin must have sensed what it meant for uncle Fernand to be by his side on that important day. So, uncle Fernand got his usual special pass to the platform. Navin is a Godly man!

I am for ever grateful and thankful to Navin and his team for making uncle Fernand’s May 1st so very special. To my mind, that is just one of the small examples that establish Navin as an extraordinary world leader among so many other ordinary ones!

To record this unforgettable event, Eve & I had told uncle Fernand to be sure to take a camera to memorialize that unique moment in the history of Mauritius – A Labor Day meeting only 4 days before elections on May 5th, our Mauritiano version of Mexico’s Cinquo de Mayo.

On May 5th and 6th Eve and I gave up work and stayed glued to the TV until the final results. Navin scored an outstanding victory.

In the mid ‘60s Mauritius was considered doomed by ‘brilliant’ British economists, professors Titmus and Meade. My father told me then, and was often heard saying, that the only man who could set the course for a new Mauritius was Dr. Seewoosagur Ramgoolam. Failing that, Mauritius was deemed to be facing a bottomless abyss!

History proved my father to be absolutely right. The vision and determined perseverance of Dr. Ramgoolam were foreign to the foreigners and Mauritians who in the ‘60s firmly believed that Mauritius was destined to be engulfed in a spiraling vortex of chaos! Many abandoned ship then! But with wisdom and perseverance Dr. Seewoosagur Ramgoolam stayed at the helm and with a fatherly hand, he led every Mauritian remaining in the land, away from a bleak future. Dr. Ramgoolam had successfully defied The Malthus theory – Mauritius would not die from within!
He fathered the Mauritian Nation. With single vision (literally & figuratively) The Honorable Dr. S. Ramgoolam turned history around and interred prophets of doom. He provided a springboard for long term sustained economic growth through initiating a policy of free education for all. Then together with Gaetan Duval, Dr. Ramgoolam launched and gave much impetus to the tourism industry, one of the solid and flourishing back bones of the Mauritian economy!

Today I am delighted to tell you my children and grand children, my brother and sisters, my family and friends around the world that Sir Seewoosagur Ramgoolam successfully passed the ‘baton’ to his son Dr. Navinchandra Ramgoolam.

In turn, I confidently assert to you all that the only person who can and will set the tone for a multi faceted durable Mauritius for decades to come is our returning Prime Minister, Dr. Navinchandra Ramgoolam.
With full confidence in Dr. Navinchandra Ramgoolam, in 2005, soon after Navin’s election as Prime Minister, I joined the multitude of other Mauritians who now choose to return to our land so full of promises! The grass is greenest right here… This is no accident. Two generations of the Ramgoolam family have strived and succeeded to make Mauritius durable, spiritually, culturally, socially, economically and environmentally.

Over the years, from one generation to the next, God has His ways of rewarding those transcending figures who seek His wisdom, place all their faith in Him and strive for the overall betterment of all of God’s creation.

It is no wonder then, that Sir Seewoosagur was granted the wisdom and perseverance to defy the foreign economist pundits in the sixties. Thus SSR successfully commandeered Mauritius. He enabled this small island with no natural resources to maintain its position as the key and the star of the Indian Ocean.

Most worthy of wearing his father’s shoes and walking beyond his father’s footsteps our returning Prime Minister, Dr. Navinchandra Ramgoolam has also managed to successfully defy the recent world financial crisis. In so doing, in 2009, Navin has firmly established Mauritius as a shining beacon of light to world economists! Today financiers from all over the world confidently scramble to invest hundreds of millions of dollars in various sectors of the Mauritian economy!

An American ambassador recognized once that Mauritius is more complex and difficult to govern than America.

Another American, Mark Twain, wrote in 1897 in his book, ‘Following the equator’, “You gather the idea that Mauritius was made first and then heaven; and that heaven was copied after Mauritius”.

God has undoubtedly handpicked His architects to continue His work in heavenly Mauritius. Two generations of the Ramgoolam family, SSR and his son Navin have succeeded to maintain Mauritius as a heaven on earth for all Mauritians as well as hundreds of thousands of visitors and investors. Our new Sir Seewoosagur Ramgoolam airport is gearing up to welcome over four million travelers to our heavenly island in the sun.

I hope you enjoy the photos of our family hero and heroic friends.

Cherished Navin


Navin, Xavier Luc and uncle Fernand

Arvind & Uncle Fernand shaking hands
Uncle Fernand... Proud & so happy to be there!

As I looked at those pictures I was lifted by the power of such durable traditions. I thanked God for the friendships that have united us for generations.

After an absence of some 40 years from Mauritius I recalled the warm words of Navin on World Book day on Saturday April 28, 2007. Navin had, as usual, kindly accepted to launch my book, First American Title To Injustice. In his speech Navin recalled our long and stable family ties: “I was happy to learn that the National Library has been behind the launching of several books, the next one being one by Mr. Louis Leclezio, whose family has a long standing friendship with mine.” Worldwide time and tide wait for no man. In Mauritius time and tide wash away no sincere friendships

When I spent time gazing at the picture of uncle Fernand shaking hands with Arvind Boolell, our ex foreign affairs minister, I was stirred by a remark Arvind’s father, Sir Satcam Boolell had made concerning our father.


In an interview with l’Express published on Friday November 21, 2003, Sir Satcam Boolell was asked:Quels sont les chemins que vous avez croisés au cours de votre carrière et qui restent pour vous des références ? (During your carrier who stands out among those you have crossed paths with?)


Seewoosagur Ramgoolam, Sookdeo Bissoondoyal, Bickramsing Ramlallah et aussi Fernand Le Clézio qui était un avant-gardiste. Je le rencontrais souvent. Il avait une grande ouverture d’esprit. Et puis, il y a Guy Rozemont. Si je ne l’avais pas rencontré, je ne serais sans doute pas dans le Parti Travailliste.

Note that Grand Pa had died in 1990 ! Yet 13 years later Sir Satcam Boolell still remembered him!

And now decades later their sons Arvind and uncle Fernand are on the same podium shaking hands on May Day!

That’s sons of traditions…

How could I forget! There are also daughters of traditions…

I must point out that among other names, Sir Satcam Bollell mentioned: “Bickramsing Ramlallah et aussi Fernand Le Clézio”.

Well, although Eve and I had asked uncle Fernand not to forget his camera, for uncle Fernand, all that was important was to be there! In spite of the painful calluses under his feet, he walked under the rain to take the bus to the celebrations. To be present was what was all important to him – Period!

After uncle Fernand had waited for a bus for a long time to get home, we asked him if he had pictures for us to see? Oh! No he said, I forgot my camera but that does not matter, I was there…!!!

We felt most sorry for uncle Fernand and all of us!
Surprise! Surprise! Sadhna Ramlallah, the daughter of Bickramsing Ramlallah was there. Sadhna was most thoughtful and kind to take photos of the meeting and of uncle Fernand. Sadhna surprised and delighted us when she e-mailed the pictures above to us!!!

In his book, entitled Social Problems, Henry Georges, the nineteenth century social philosopher, said:
“Social reform is not to be secured by noise and by shouting, by complaints and denunciation, by the formation of parties or the making of revolutions but by the awakening of thought and the progress of ideas. Until there be correct thought, there cannot be right action”.
Certain sons and daughters of traditions most certainly know how to awake correct thoughts and inspire right actions!
We thank God for them.

P.S. Uncle Fernand is arriving next week. We look forward to his surprise when we hand him over those pictures!!!